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Getbig Main Boards => Gossip & Opinions => Topic started by: loco on January 19, 2026, 09:51:32 AM

Title: The average 50-something American is now worth $1.4 million
Post by: loco on January 19, 2026, 09:51:32 AM
Only pennies compared to the average Getbigger.  What's a penny?

The average 50-something American is now worth $1.4 million

The average 50-something American has a net worth of $1.4 million, according to a report from Empower, the financial services firm. The average 60-something is worth $1.6 million.

By contrast, the average 20-something is worth a mere $127,730.

The numbers are estimates, drawn from anonymized data for Empower users in October 2025. But they’re consistent with the findings of the federal Survey of Consumer Finances, a larger study that comes out every three years.

The last federal survey, in 2022, showed an average net worth of $1.1 million for Americans ages 50-54, and $1.4 million for ages 55-59.

Both reports show American households growing wealthier as they age – dramatically so, when you look across decades.

How did older Americans get so wealthy?

Financial experts cite three main factors: Stocks, homes, and time.


https://finance.yahoo.com/news/average-50-something-american-now-100538170.html
Title: Re: The average 50-something American is now worth $1.4 million
Post by: Wiggs on January 19, 2026, 09:57:54 AM
Big difference between average and median.
Title: Re: The average 50-something American is now worth $1.4 million
Post by: loco on January 19, 2026, 10:07:11 AM
Big difference between average and median.

Indeed:

"Americans ages 55–64 have a median net worth of $364,270, placing them near the top of the wealth curve heading into retirement."

https://www.investopedia.com/how-does-your-wealth-compare-at-55-64-here-s-what-the-data-shows-11875394
Title: Re: The average 50-something American is now worth $1.4 million
Post by: Stephano on January 19, 2026, 10:34:44 AM
This is stupid.  The average 50-something American's net worth is tied up in illiquid real estate assets that have spiked hard due to inflation and the boomer's chokehold on the real estate market. 
Title: Re: The average 50-something American is now worth $1.4 million
Post by: deadz on January 19, 2026, 10:34:57 AM
Indeed:

"Americans ages 55–64 have a median net worth of $364,270, placing them near the top of the wealth curve heading into retirement."

https://www.investopedia.com/how-does-your-wealth-compare-at-55-64-here-s-what-the-data-shows-11875394
Poverty money.
Title: Re: The average 50-something American is now worth $1.4 million
Post by: Stephano on January 19, 2026, 10:39:08 AM
The median wealth per person in the US is 15th in the world, below not just the UK or France but also Spain and Italy.
Title: Re: The average 50-something American is now worth $1.4 million
Post by: joswift on January 19, 2026, 10:48:07 AM
The median wealth per person in the US is 15th in the world, below not just the UK or France but also Spain and Italy.

but at least you can bomb the shit out of all of them...
Title: Re: The average 50-something American is now worth $1.4 million
Post by: loco on January 19, 2026, 11:04:06 AM
This is stupid.  The average 50-something American's net worth is tied up in illiquid real estate assets that have spiked hard due to inflation and the boomer's chokehold on the real estate market.

Not all of it.  Don't forget their retirement accounts invested in US stocks, US stock funds, and US bonds.
Title: Re: The average 50-something American is now worth $1.4 million
Post by: MajorDomo on January 19, 2026, 11:13:47 AM
The price of your house makes up most of that number - and by the time you are in your 50's you are pretty close to having paid it off. I bought my current home in 2009 for $565K.  Today it would sell for $1.5M or more.  I did nothing but maintain it.  I'm not planning to sell it for a while because I happen to like where I live, lol.
Title: Re: The average 50-something American is now worth $1.4 million
Post by: Never1AShow on January 19, 2026, 11:14:13 AM
Not all of it.  Don't forget their retirement accounts invested in US stocks, US stock funds, and US bonds.

Anything can happen if you buy Rivian, but ...
Title: Re: The average 50-something American is now worth $1.4 million
Post by: GymnJuice on January 19, 2026, 11:53:38 AM
Not all of it.  Don't forget their retirement accounts invested in US stocks, US stock funds, and US bonds.

Suckers. They should have invested in DVDs, watches, and bee pollen.
Title: Re: The average 50-something American is now worth $1.4 million
Post by: WrongAdvices on January 19, 2026, 12:03:12 PM
DJ181 is in that range and worth 3 Moldovan potatoes
Title: Re: The average 50-something American is now worth $1.4 million
Post by: Kwon on January 19, 2026, 12:13:46 PM
Three Moldovan Potentates here

Title: Re: The average 50-something American is now worth $1.4 million
Post by: IroNat on January 19, 2026, 01:09:59 PM
Watch out the libtards will want to take it from you.
Title: Re: The average 50-something American is now worth $1.4 million
Post by: Lartinos on January 19, 2026, 01:28:34 PM
Anything can happen if you buy Rivian, but ...

My wife’s mother did this. She knows absolutely zero about finance but said a guy she thought was smart in the 80’s out his money into his 401k, so she did too. She never had a great job, but she only retired recently and wow it turned into a nice amount of money.
Title: Re: The average 50-something American is now worth $1.4 million
Post by: Rambone on January 19, 2026, 01:40:55 PM
$1.4 mil ain’t what it used to be. Sheeeeiiiiit
Title: Re: The average 50-something American is now worth $1.4 million
Post by: Coach is Back! on January 19, 2026, 01:50:59 PM
$1.4 mil ain’t what it used to be. Sheeeeiiiiit

It’s literally the average cost of a home in Huntington Beach. It’s insane